This study was carried out to investigate how financial literacy and entrepreneurial traits determine the profitability … understand the impact of financial literacy and entrepreneurial traits on SME profitability in Ogun State. The sample consists of … profitability. The study also found that financial literacy and entrepreneurial traits significantly contribute to SMEs …

this study, we examine the impact of new firm entry on the persistence of profitability in manufacturing industries. Using … an empirical model of profitability persistence developed by Waring (1996) we find a significant negative effect of new … firm entry on the persistence of profitability within manufacturing …

businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple … while moderately risk tolerant entrepreneurs survive more often. Second, the high risk-low profit part of the U …-shaped relation seems to disappear among businesses being four years and older, indicating that such inferior risk-profit combinations …

has a negative or no effect. Education, age, being male, and firm size are all positively related to profit, while young … profitability. …